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Brazilian government prepares proposed online gambling ban and sports betting limits

Regulation

Brazil’s federal government was preparing a provisional measure to prohibit online gambling and restrict sports betting, with the final text still under development, according to a report. The government intended to publish it in the coming days; clubs and betting companies were organising opposition, while the industry estimated the proposal could put about R$1bn in sponsorships at risk if adopted as drafted.

Operators and football clubs face potential restrictions and sponsorship risks if Brazil adopts the proposed measure.

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